Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/South African Rand (FOREX:JPYZAR)

Crossroads (+60) - JPYZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	JPYZAR Price	Change
0.11914197	0.11936187	0.11793467	0.11887844	-0.00026400
Entry Signal

MarketClub’s Trade Triangles for JPYZAR

The long-term trend has been DOWN since Mar 19th, 2024 at 0.12510031

The intermediate-term trend has been UP since Jul 15th, 2024 at 0.11557916

The short-term trend has been UP since Jul 12th, 2024 at 0.11403171

Smart Scan Analysis for JPYZAR

Based on our trend formula, JPYZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.11914197	0.11936187	0.11793467	0.11887844	-0.00026400
Prev. Close	Volume	Bid	Ask	Time
0.11914197				2024-07-26 17:00:05

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